Safe Rate Rankings

Best FHA Mortgage Lenders in Milwaukee

Updated February 5, 2026
⚖️ The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
🛡️ No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
📊 HMDA 2024Built using publicly available originated loan data from the federal government.
🎯 Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.
Total Lenders129
Total Loans16,440
Median Rate Spread0.31%

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RankLenderOverallPricingProductPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
Associated Bank, National AssociationBank
Exceptional
Exceptional
Strong
Strong
Exceptional
$425Fees
0.055%Below
569
2
Bank Five NineBank
Exceptional
Strong
Strong
Exceptional
Exceptional
$919Fees
0.210%Above
567
3
The Equitable Bank, S.S.B.Bank
Exceptional
Exceptional
Strong
Exceptional
$656Fees
0.023%Above
197
4
UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Exceptional
$1,738Fees
0.258%Above
590
5
Prosperity Home Mortgage, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$1,432Fees
0.142%Above
225
6
The Huntington National BankBank
Exceptional
Strong
Exceptional
Strong
Strong
$1,105Fees
0.335%Above
197
7
ARK-LA-TEX FINANCIAL SERVICES, LLC.Independent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$1,334Fees
0.367%Above
114
8
FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$1,763Fees
0.372%Above
102
9
A + MORTGAGE SERVICES, INC.Independent Mortgage Company
Exceptional
Strong
Sound
Strong
Exceptional
$1,306Fees
0.313%Above
373
10
Waukesha State BankBank
Exceptional
Strong
Strong
Exceptional
$337Fees
0.149%Above
313
11
WISCONSIN MORTGAGE CORPORATIONIndependent Mortgage Company
Exceptional
Strong
Strong
Sound
Exceptional
$923Fees
0.147%Above
251
12
U.S. Bank National AssociationBank
Exceptional
Strong
Exceptional
Sound
Strong
$264Fees
0.144%Above
230
13
PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Sound
Strong
$758Fees
0.080%Above
77
14
FAIRWAY INDEPENDENT MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$2,765Fees
0.472%Above
953
15
ROCKET MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$3,758Fees
0.377%Above
815
16
University of Wisconsin Credit UnionCredit Union
Strong
Strong
Sound
Sound
Exceptional
$261Fees
0.158%Above
692
17
FIRST COLONY MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$1,562Fees
0.337%Above
306
18
Bank of EnglandBank
Strong
Sound
Exceptional
Strong
Strong
$2,103Fees
0.466%Above
279
19
LOANDEPOT.COM, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$2,955Fees
0.458%Above
126
20
PLANET HOME LENDING, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$1,813Fees
0.325%Above
118
21
Flagstar Bank, N.A.Bank
Strong
Sound
Exceptional
Strong
Strong
$1,585Fees
0.469%Above
96
22
FIRST STATE MORTGAGE SERVICES, LLCIndependent Mortgage Company
Strong
Sound
Strong
Exceptional
Strong
$658Fees
0.353%Above
92
23
NEWREZ LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Sound
Strong
$1,169Fees
0.264%Above
283
24
Nations Lending CorporationIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$1,876Fees
0.484%Above
110
25
PRIMELENDING, A PLAINSCAPITAL COMPANYIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$1,559Fees
0.389%Above
110
26
UNION HOME MORTGAGE CORP.Independent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$1,357Fees
0.485%Above
108
27
CIBM BankBank
Strong
Sound
Strong
Strong
Strong
$432Fees
0.367%Above
65
28
KIND LENDING, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Sound
$2,263Fees
0.563%Above
62
29
GUILD MORTGAGE COMPANY LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,497Fees
0.357%Above
408
30
JPMorgan Chase Bank, National AssociationBank
Strong
Sound
Strong
Sound
Strong
$1,927Fees
0.133%Above
357
31
CMG MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,713Fees
0.675%Above
248
32
Barrington Bank & Trust Company, National AssociationBank
Strong
Acceptable
Exceptional
Strong
Strong
$1,716Fees
0.241%Above
220
33
GUARANTEED RATE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$1,894Fees
0.251%Above
172
34
BMO Bank National AssociationBank
Strong
Sound
Strong
Sound
Strong
$39Credit
0.300%Above
160
35
Paramount Residential Mortgage Group, Inc.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$1,223Fees
0.590%Above
159
36
Bell BankBank
Strong
Acceptable
Exceptional
Strong
Strong
$1,949Fees
0.452%Above
153
37
GUARANTEED RATE AFFINITY, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$1,979Fees
0.263%Above
120
38
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIPIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$4,604Fees
0.492%Above
101
39
V.I.P. MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Sound
$865Fees
0.268%Above
57
40
Mortgage Research Center, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Strong
$1,200Fees
0.512%Above
185
41
AMERICAN PACIFIC MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Mediocre
Exceptional
Exceptional
Strong
$4,450Fees
0.807%Above
97
42
MOVEMENT MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Sound
$2,610Fees
0.342%Above
75
43
AMERICAN FINANCIAL NETWORK, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Sound
$1,740Fees
0.761%Above
51
44
LOWER, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Sound
$1,732Fees
0.498%Above
36
45
Ixonia BankBank
Strong
Mediocre
Exceptional
Strong
Strong
$1,960Fees
0.479%Above
215
46
CROSSCOUNTRY MORTGAGE, LLCIndependent Mortgage Company
Strong
Mediocre
Exceptional
Strong
Strong
$3,178Fees
0.505%Above
193
47
NATIONSTAR MORTGAGE LLCIndependent Mortgage Company
Strong
Mediocre
Exceptional
Strong
Strong
$3,208Fees
0.438%Above
97
48
Luminate Home Loans, Inc.Independent Mortgage Company
Strong
Mediocre
Exceptional
Strong
Strong
$3,708Fees
0.775%Above
75
49
MUTUAL OF OMAHA MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Sound
$2,685Fees
0.405%Above
68
50
CARRINGTON MORTGAGE SERVICES, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Sound
$4,590Fees
0.368%Above
37

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 40 Points)

10
Pricing
Rate and fee competitiveness (25%)
10
Pull Through
Reliability in closing loans (25%)
10
Product
Specialization in the loan type (25%)
10
Place
Local market expertise (25%)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.